Introduction to Banking and Finance Law

Información importante

Short course

Beginner

Online

Duración:3 Months

Cuándo:A definir

Descripción

Take your first step towards understanding the complex legal framework governing the banking and finance sector in India. This Programme introduces you to banking and finance laws and covers the fundamental aspects—both conceptual and practical—that will help you build a solid foundation for a bright career in the banking and finance sector.

Información importante

¿Qué objetivos tiene esta formación?

The banking sector at this date has job openings worth INR 1 lakhs per month salary. With this course you will be armored with the fundamentals of banking and finance knowledge that will prepare you to ace that banking job interview. Today’s corporate world has a major inclination towards to the finance sector. This course will have discourse in the interspersed sector of corporate finance and how such is significant in the current era. The basics of the legislations governing the banking sector will be clarified after undertaking this course.

¿Qué aprendes en este curso?

IT Law

Loans

IT

Banking

Finance

Law

Banking and Finance

Banking Finance

Temario

This Course Consist of the following contents -Unit 1: Introduction -Explore the history and evolution of modern banking around the world. Understand what it means to be a commercial bank in todays world. Learn about the key milestones in the evolution of banking institutions in India. Unit 2: Understanding the Relationship between Banker and Customer -Identify who is a customer of a bank. Study the basic principles defining the banker-customer relationship. Understand the rights, duties, and obligations of the bank in a banker-customer relationship. Unit 3: Understanding the Banking (Regulation) Act, 1949 -Learn about the Banking Regulation Act, 1949 that serves as the primary source of regulation for banking companies. Study the structure of this Act and examine the key provisions applicable to banking companies and cooperative banks. Unit 4: Understanding the Role of the Reserve Bank of India (RBI) -Study the main functions of the RBI and its organisational structure. Analyse the powers accorded to the RBI to govern commercial banks. Unit 5: Understanding Loans and Advances by Banks -Learn more about the principal way in which banks employ the funds deposited with them—lending. Study the concepts of loans and advances and distinguish between the two. Understand the statutory and regulatory restrictions in place relating to loans and advances extended by banks. Unit 6: Payment of Principal and Interest -Study the regulatory framework governing the payment of principal and interest by debtors to banks. Distinguish and analyse the different kinds of interest charged by banks in lending transactions. Unit 7: Securing Loans and Advances -Understand the concept of security for loans and advances and its implications. Study the various kinds of assets that typically form security for loans. Learn about the other forms of comfort that a bank may take to secure the loan. Unit 8: Banking Operations -Learn about some more regulatory aspects of banking operations. Understand the law relating to the setting up of an account with a bank. Study the law relating to cheques and other negotiable instruments. Analyse the manner in which the RBI regulates payment and settlement systems.

Información adicional

This Course is made for students and they get A crystal clear understanding of the plethora of regulations governing the banking sector. Ground knowledge of corporate finance vis-à-vis banking. A holistic overview of the entire legal and regulatory framework governing the banking industry.